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Momentive Performance Materials Holdings withdraws IPO

By Renaissance Capital,  August 31, 2012, 04:10:45 PM EDT

Momentive Performance Materials Holdings, a global manufacturer of specialty chemicals with a focus in thermosetting resins, withdrew its plans for an initial public offering on Friday because of poor market conditions. The Columbus, OH-based company was founded in 1899 and booked $6.6 billion in sales for the 12 months ended 6/30/2011. The company had originally filed with the SEC in April, 2011.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

Referenced Stocks: MPM



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